Enbridge Income Fund Holdings Inc. EBGUF

What is going on?

[prabhatmalik]

I have 10,000 shares at $30.00 each. I do not know If I sell or keep. I really do not understand, if rates increase this company has promised to increase dividend in coming years then why this uncertainity?

[RMXStoleME]

BUMP SAME HERE.  I was unavailable for the last month or so and I came back to this? Can someone tell me what the heck happend? Stil in the high 29's  per share cost.  why the 30% loss all the sudden? I was betting enbridge was a large enough company that would not go belly up.

[born2trade]

How did you come up with 30% loss? If your average cost is in high 29 and current share price is $26.5 then shouldn’t your  loss should be around 10% ?  Pipelines and utilities stocks in general are under pressure because of fear of 3-4 rate hikes in 2018 and beyond . With increase in rates, the yields on bonds / savings go up and this  makes utility stocks less attractive. In

[freedomfiddy]

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[gold_diggers1]

wow, that is $450K.... with a nice monthly cheque of $2,800 while u wait for this market correction to be over with utilities companies.... . GLTA

[freedomfiddy]

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[RMXStoleME]

Aren't you worried? It drop a lot and you probably took quite a hit

[freedomfiddy]

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[rk67]

The "slow buck" is often the best :-)

[freedomfiddy]

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